Kenny Lee Real Estate

23/04/2026

Is it to anyone's surprise that Singapore property prices are climbing?

Just visit any new condo showflats to look at the crowd and the answer will be there.

The number of ultra-high-net-worth individuals has grown by 54.5% to 7,171 people this year Read more at The Business Times.

22/04/2026

381 likes, 26 comments. “If you can afford landed... should you buy?”

17/09/2025

https://www.businesstimes.com.sg/property/pasir-panjang-freehold-residential-property-en-bloc-sale-s50-5-million?ref=article-bottom-most-popular

Guide price for Starpoint 319 translates to about S$1,340 psf per plot ratio Read more at The Business Times.

22/12/2024

We handpicked the top 3 new launches of 2025, and this one can't be missed!🔥

The most important first launch that will set the tone for 2025 is in Toa Payoh, The Orie.

A well-known address and one of the oldest town in Singapore since independence, it is a mature estate offering unparalleled convenience and many good food markets known for its hawker legends.

Toa Payoh is also an ideal location to many young families that wish to be near their parents, plus it's connectivity and proximity to city and Orchard via MRT.

More importantly, Toa Payoh has not seen a mega development in the past decade with over 800 units, especially with the larger and coveted 5 bedrooms type available that is super rare to come by in Toa payoh.

Toa Payoh HDB flats are already well-known for crossing the million-dollar mark, we expect this development to be another major hit.

We have also specially prepared a playbook to compare and analyse the previous 7 condos in Toa Payoh on how they performed, and our estimates of the price breakdown of the Orie.

Do hit us up to arrange for a guided tour of the showflat come this Jan 2025 ✨

28/11/2024

🔥Singapore to Remain a Top Real Estate Investment Prospect in Asia Pacific 2025🔥

Singapore is expected to remain one of the top investment prospects for real estate in the Asia Pacific in 2025, according to a joint report by PwC and the Urban Land Institute.

In its report "Emerging Trends in Real Estate Asia Pacific 2025," Singapore scored 5.83 or "generally good" for the list of City Investment Prospects, just behind Tokyo, Osaka, and Sydney.

It said Singapore's office pricing has shown remarkable stability despite the downturn due to tight supply and strong demand from inbound corporate occupiers.

However, the report noted local cap rates are seen as too tight to attract significant buying interest.

Whilst the market remains active, transaction volumes have been low, except for a few large deals in Q3 2024, which pushed annual transactions close to 2023 levels.

Weak office rental growth prospects were also noted, attributed to concerns over increased office space supply and low cap rates (around 3.4%), which are below borrowing costs (3.94% as of Q3 2024).

The report also emphasized that whilst Singapore's office market remains fundamentally strong, it poses challenges for investors seeking higher returns.

It noted that value-add strategies have gained some interest but face unique hurdles, as recent deals have focused on lower-priced assets and are further complicated by the emphasis on sustainability upgrades.

Singapore Business Review

28/03/2024

Been a slow and rather uncertain market where me and my team spent many sessions to advise our clients on the market directions in the next quarters ahead.

Am thankful for this recognition!

24/02/2024